The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $9.24 (as at September 20, 2017)  1-day chg: $-.0101 -0.11%  YTD: 0.24%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.40% 1.09% 1.09%
3 Months -1.82% -1.39% -1.45%
6 Months 0.83% 0.62% 0.59%
1 Year -1.25% -1.29% -1.34%
2 Year Avg 2.34% 1.46% 1.44%
3 Year Avg 3.10% 1.54% 1.61%
4 Year Avg 4.39% 2.62% 2.72%
5 Year Avg 3.41% 1.80% 1.82%
10 Year Avg 5.15% 3.48% 3.82%
15 Year Avg 5.24% 3.57% 3.93%
20 Year Avg - 4.06% 4.22%
Since Inception 4.92% - -
 
2016 2.31% 1.59% 1.44%
2015 3.16% 0.83% 0.97%
2014 9.35% 6.24% 6.39%
 
3 year risk 3.86 3.90 3.29
3 year beta 1.16 1.00 1.00

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Fixed Income Peer Index.

Risk Measures as at August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Jun 05): 12.46 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jul 17): -2.35 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 4 High

Fund Objectives

To provide a moderate real rate of return, through income and capital gains, by investing in a diversified portfolio of primarily Canadian dollar debt and from time-to time U.S. debt. The Fund will only invest in investment grade debt. Returns in excess of income will be gained through active duration, yield curve and sector management.

Fund Facts

Fund Sponsor: MFS Investment Management Canada Ltd.
Managed by: MFS Investment Management Canada Ltd.
Fund Type: MF Trust
Inception Date: August 2000
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): -
Management Fee: 0.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000,000
Subsequent:
$150,000
Min. Invest (initial RRSP):
$1,000,000
Subsequent RRSP:
$150,000
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $1,000,000)
 
 

Asset Allocation July 31, 2017

Bond Type July 31, 2017

Bond Term July 31, 2017

Top Holdings as at July 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 20, 2017
1 Year Performance (%)
  Ontario Province 1.900% 08-Sep-2017 Bond 7.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.50%, MAR/01/22 Bond 6.25   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 1.500% 01-Jun-2023 Bond 4.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Can House No1 3.750% 15-Mar-2020 Bond 3.72   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebec Province 4.500% 01-Dec-2019 Bond 3.43   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 2.75%, DEC/01/48 Bond 2.98   9.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Alberta, 2.35%, JUN/01/25 Bond 2.68   1.84 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.50%, JUN/01/26 Bond 2.62   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 5.00%, DEC/01/38 Bond 2.59   2.53 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Alberta, 4.50%, DEC/01/40 Bond 2.58   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to September 20, 2017)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2017 0.0672 0.0672 0.3143 9.441
Mar 31, 2017 0.0609 0.0609 0.3213 9.402
Dec 30, 2016 0.0695 0.0463 0.1158 0.3316 9.346
Sep 30, 2016 0.0703 0.0703 0.4149 9.781
Jun 30, 2016 0.0743 0.0743 0.4237 9.714
Mar 31, 2016 0.0711 0.0711 0.4149 9.526

Portfolio Manager(s)

MFS Investment Mgmt - Mgmt. Team

MFS Investment Management Canada Ltd.

Start Date: August, 2000

Fund Return: 4.92%

McLean Budden, incorporated in 1947, is one of Canada's oldest investment counseling firms, managing over $30 billion of pension, endowment and other institutional funds, as well as personal portfolios. McLean Budden utilizes a team approach focusing on strong fundamental research in the management of Canadian, U.S. and International equities as well as fixed income. McLean Budden has always stressed the importance of a high staffing level to ensure superior investment research, establish long run succession planning and facilitate the firm's growth. Each partner brings years of experience to the team and has been chosen for his or her outstanding research and investment management skills.

Also manages:Equitable Life Asset Allocation, FaithLife Global Equity 2, IA Ecflx U.S. Dividend Growth, MFS Balanced Growth Pension, MFS Canadian Short Term Fixed Inc, MFS Responsible Global Research, Renaissance Cdn Gr Fd A

View fund manager performance report